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Tether: The story of the greatest fraud in cryptocurrency

Tether: The Story So Far October 29, 2019 in bitcoin , fint...
Hot Property
  10/28/19
just read this off an r/ethfinance link. Hilarious article f...
outnumbered hairy legs therapy
  10/29/19
no, he says he has no position in crypto at all, whether lon...
Hot Property
  10/29/19
He says he would short cryptocurrency to zero if he could fi...
outnumbered hairy legs therapy
  10/30/19


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Date: October 28th, 2019 5:30 PM
Author: Hot Property

Tether: The Story So Far

October 29, 2019 in bitcoin , fintech

A friend of mine, who works in finance, asked me to explain what Tether was.

Short version: Tether is the internal accounting system for the largest fraud since Madoff.

Read on for the long version.

https://www.kalzumeus.com/2019/10/28/tether-and-bitfinex/

(http://www.autoadmit.com/thread.php?thread_id=4371845&forum_id=7#39038777)



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Date: October 29th, 2019 3:24 AM
Author: outnumbered hairy legs therapy

just read this off an r/ethfinance link. Hilarious article from an anti cryptocurrency zealot who literally admits to having a huge short position in the article.

Everybody knows shit like binance, bitfinex, bitmex etc. are scam casinos. The serious cryptocurrency "community" has migrated to DAI for stable coin needs. Tether is not part of the "infrastructure" at coinbase in any way.

(http://www.autoadmit.com/thread.php?thread_id=4371845&forum_id=7#39040773)



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Date: October 29th, 2019 12:43 PM
Author: Hot Property

no, he says he has no position in crypto at all, whether long or short. did you actually read the article?

(http://www.autoadmit.com/thread.php?thread_id=4371845&forum_id=7#39042042)



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Date: October 30th, 2019 12:57 AM
Author: outnumbered hairy legs therapy

He says he would short cryptocurrency to zero if he could figure out how. Spoiler alert: he knows how

(http://www.autoadmit.com/thread.php?thread_id=4371845&forum_id=7#39045571)